BTEC vs. IBB ETF Comparison

Comparison of Principal Healthcare Innovators Index ETF (BTEC) to iShares Nasdaq Biotechnology Index Fund (IBB)

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$34.51

Average Daily Volume

6,213

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

IBB

iShares Nasdaq Biotechnology Index Fund

IBB Description

The investment seeks to track the investment results of an index composed of biotechnology and pharmaceutical equities listed on the NASDAQ. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index contains securities of NASDAQÂ® listed companies that are classified according to the Industry Classification Benchmark as either biotechnology or pharmaceuticals and that also meet other eligibility criteria determined by The NASDAQ OMX Group, Inc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$128.02

Average Daily Volume

1,730,311

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

Performance

Period	BTEC	IBB
30 Days	-7.03%	-6.04%
60 Days	-8.75%	-7.36%
90 Days	-3.20%	-5.03%
12 Months	-2.21%	-3.57%

135 Overlapping Holdings

Symbol	Grade	Weight in BTEC	Weight in IBB	Overlap
ABUS	B	0.15%	0.04%	0.04%
ACLX	D	0.67%	0.22%	0.22%
ACRS	F	0.05%	0.01%	0.01%
ADMA	A	0.32%	0.14%	0.14%
ADPT	F	0.12%	0.04%	0.04%
AGIO	A	0.39%	0.17%	0.17%
AKRO	F	0.35%	0.14%	0.14%
ALEC	F	0.14%	0.04%	0.04%
ALLO	F	0.15%	0.04%	0.04%
ALNY	F	3.23%	1.96%	1.96%
ALPN	A	0.96%	0.31%	0.31%
ALXO	A	0.17%	0.04%	0.04%
ANAB	F	0.15%	0.05%	0.05%
APLS	F	1.37%	0.54%	0.54%
ARCT	F	0.2%	0.08%	0.08%
ARQT	C	0.28%	0.11%	0.11%
ARVN	D	0.54%	0.2%	0.2%
ARWR	F	0.67%	0.29%	0.29%
AUPH	F	0.19%	0.07%	0.07%
AVXL	F	0.1%	0.04%	0.04%
AXSM	D	0.72%	0.28%	0.28%
BBIO	F	1.05%	0.35%	0.35%
BCRX	F	0.24%	0.1%	0.1%
BEAM	F	0.48%	0.19%	0.19%
BLUE	F	0.07%	0.02%	0.02%
BMEA	F	0.12%	0.04%	0.04%
BPMC	B	1.15%	0.55%	0.55%
CABA	F	0.2%	0.06%	0.06%
CDNA	F	0.11%	0.04%	0.04%
CGEM	D	0.18%	0.05%	0.05%
CHRS	F	0.08%	0.02%	0.02%
COGT	D	0.17%	0.06%	0.06%
CRBU	F	0.1%	0.03%	0.03%
CRNX	B	0.76%	0.33%	0.33%
CTKB	F	0.2%	0.07%	0.07%
CYTK	D	1.54%	0.73%	0.73%
DAWN	B	0.29%	0.09%	0.09%
DCPH	D	0.29%	0.08%	0.08%
DNLI	F	0.56%	0.21%	0.21%
DYN	C	0.47%	0.13%	0.13%
EDIT	F	0.13%	0.05%	0.05%
ELVN	B	0.21%	0.04%	0.04%
ERAS	F	0.09%	0.02%	0.02%
ETNB	F	0.22%	0.08%	0.08%
EWTX	D	0.36%	0.11%	0.11%
FDMT	D	0.31%	0.12%	0.12%
FOLD	F	0.71%	0.32%	0.32%
GERN	B	0.44%	0.17%	0.17%
HUMA	B	0.1%	0.03%	0.03%
IDYA	D	0.7%	0.28%	0.28%
ILMN	D	2.88%	1.98%	1.98%
IMVT	F	0.99%	0.2%	0.2%
INBX	D	0.39%	0.13%	0.13%
INSM	F	0.89%	0.4%	0.4%
IONS	D	1.34%	0.59%	0.59%
IOVA	D	0.74%	0.27%	0.27%
IRON	F	0.18%	0.04%	0.04%
ITCI	A	1.38%	0.8%	0.8%
ITOS	F	0.12%	0.03%	0.03%
JANX	A	0.62%	0.17%	0.17%
KALV	D	0.14%	0.03%	0.03%
KNSA	C	0.18%	0.07%	0.07%
KROS	D	0.47%	0.17%	0.17%
KURA	D	0.34%	0.13%	0.13%
KYMR	C	0.48%	0.19%	0.19%
LYEL	B	0.16%	0.03%	0.03%
MDGL	D	1.02%	0.4%	0.4%
MGNX	D	0.26%	0.1%	0.1%
MGTX	F	0.1%	0.03%	0.03%
MIRM	F	0.27%	0.09%	0.09%
MLYS	D	0.16%	0.02%	0.02%
MORF	F	0.34%	0.11%	0.11%
MRNA	A	3.18%	3.7%	3.18%
MRNS	F	0.02%	0.01%	0.01%
MRVI	C	0.26%	0.09%	0.09%
MYGN	F	0.4%	0.17%	0.17%
NRIX	B	0.19%	0.07%	0.07%
NTLA	F	0.5%	0.22%	0.22%
NTRA	B	2.39%	1.06%	1.06%
NUVB	B	0.16%	0.04%	0.04%
NUVL	C	0.85%	0.21%	0.21%
NVAX	F	0.15%	0.06%	0.06%
NVCR	F	0.32%	0.13%	0.13%
OLMA	F	0.16%	0.06%	0.06%
ORIC	F	0.16%	0.04%	0.04%
PACB	F	0.19%	0.04%	0.04%
PCVX	D	1.49%	0.68%	0.68%
PGEN	C	0.1%	0.02%	0.02%
PHAT	D	0.15%	0.03%	0.03%
PLRX	F	0.2%	0.07%	0.07%
PRME	F	0.16%	0.02%	0.02%
PRTA	F	0.28%	0.1%	0.1%
PTCT	F	0.45%	0.2%	0.2%
PTGX	C	0.36%	0.15%	0.15%
QTRX	F	0.16%	0.06%	0.06%
RAPT	F	0.09%	0.03%	0.03%
RARE	D	0.79%	0.35%	0.35%
RCKT	D	0.5%	0.21%	0.21%
RCUS	F	0.35%	0.08%	0.08%
REPL	F	0.12%	0.03%	0.03%
RGNX	F	0.22%	0.08%	0.08%
RLAY	F	0.22%	0.07%	0.07%
RNA	A	0.44%	0.18%	0.18%
RVMD	A	1.3%	0.52%	0.52%
RVNC	F	0.11%	0.04%	0.04%
RXRX	F	0.37%	0.12%	0.12%
RYTM	C	0.55%	0.21%	0.21%
SAGE	F	0.22%	0.08%	0.08%
SANA	D	0.43%	0.09%	0.09%
SMMT	C	0.58%	0.03%	0.03%
SNDX	D	0.42%	0.18%	0.18%
SPRY	B	0.22%	0.04%	0.04%
SRPT	D	2.43%	1.1%	1.1%
SRRK	C	0.25%	0.08%	0.08%
SVRA	D	0.18%	0.04%	0.04%
SWTX	C	0.7%	0.29%	0.29%
TARS	B	0.31%	0.09%	0.09%
TBPH	B	0.14%	0.05%	0.05%
TERN	F	0.09%	0.02%	0.02%
THRD	B	0.14%	0.02%	0.02%
TVTX	F	0.13%	0.05%	0.05%
TWST	C	0.39%	0.17%	0.17%
TXG	F	0.77%	0.32%	0.32%
URGN	D	0.14%	0.04%	0.04%
VCEL	D	0.54%	0.24%	0.24%
VCYT	D	0.34%	0.15%	0.15%
VERA	D	0.58%	0.16%	0.16%
VERV	F	0.14%	0.04%	0.04%
VIR	F	0.28%	0.08%	0.08%
VTYX	F	0.09%	0.02%	0.02%
VYGR	F	0.12%	0.04%	0.04%
WVE	D	0.18%	0.05%	0.05%
XNCR	F	0.29%	0.12%	0.12%
YMAB	C	0.17%	0.05%	0.05%
ZNTL	F	0.23%	0.09%	0.09%

BTEC Overweight 110 Positions Relative to IBB

Symbol	Grade	Weight
EXAS	C	2.59%
CTLT	D	2.22%
CERE	B	1.67%
VKTX	B	1.61%
ELAN	D	1.5%
INSP	A	1.46%
GKOS	A	1.07%
IRTC	A	0.76%
ENOV	D	0.7%
TMDX	A	0.69%
AZTA	F	0.67%
PRCT	A	0.59%
CLDX	D	0.57%
ICUI	F	0.53%
NARI	F	0.52%
TGTX	D	0.5%
TNDM	A	0.48%
RXST	A	0.46%
ATEC	F	0.42%
ARDX	D	0.37%
OCUL	D	0.28%
ATRC	F	0.26%
EYPT	D	0.26%
LQDA	D	0.25%
VRDN	F	0.24%
SAVA	D	0.22%
AVNS	F	0.22%
CYRX	B	0.21%
FNA	D	0.2%
TMCI	F	0.19%
KIDS	B	0.19%
TYRA	C	0.19%
AVTE	D	0.18%
BLFS	C	0.18%
SILK	B	0.18%
EOLS	D	0.18%
SIGA	A	0.17%
HLVX	F	0.17%
NKTX	D	0.16%
LBPH	B	0.16%
SIBN	F	0.16%
OABI	F	0.15%
FATE	D	0.14%
HRTX	A	0.13%
LRMR	D	0.13%
OFIX	F	0.13%
CELC	B	0.12%
PLSE	F	0.12%
ZIMV	C	0.12%
TRDA	D	0.12%
ANNX	D	0.12%
HROW	D	0.12%
LXRX	F	0.12%
CDMO	F	0.12%
NVRO	F	0.12%
MRSN	D	0.12%
SRDX	D	0.11%
AURA	F	0.11%
ALT	D	0.11%
ANIK	A	0.11%
PEPG	D	0.11%
CERS	F	0.1%
IGMS	F	0.1%
TNYA	D	0.1%
ENTA	C	0.1%
CRMD	B	0.1%
CVRX	F	0.1%
LUNG	F	0.09%
ANGO	C	0.09%
FENC	D	0.09%
ALDX	C	0.09%
AXGN	F	0.09%
OMER	F	0.08%
MACK	A	0.08%
ARAY	F	0.08%
STRO	F	0.08%
XERS	F	0.08%
INZY	F	0.08%
ATNM	B	0.08%
TSVT	F	0.08%
KOD	F	0.07%
SCPH	F	0.07%
RIGL	F	0.07%
ACET	D	0.07%
AKYA	F	0.07%
QSI	F	0.07%
RCEL	F	0.07%
XFOR	B	0.07%
PSTX	F	0.07%
BFLY	F	0.06%
INGN	D	0.06%
CDXS	D	0.06%
EBS	F	0.05%
ALLK	F	0.05%
PMVP	D	0.05%
ATRA	F	0.05%
SGMO	F	0.05%
BTAI	D	0.05%
OM	F	0.05%
KPTI	F	0.05%
OMGA	F	0.05%
CUTR	C	0.05%
BCAB	F	0.05%
GNLX	F	0.04%
MURA	F	0.04%
PDSB	F	0.04%
MCRB	F	0.04%
FGEN	F	0.04%
EYEN	F	0.02%
GRTS	F	0.02%

BTEC Underweight 79 Positions Relative to IBB

Symbol	Grade	Weight
AMGN	C	-8.47%
VRTX	C	-8.18%
GILD	F	-8.16%
REGN	C	-8.09%
IQV	C	-4.38%
BIIB	F	-2.99%
MTD	C	-2.76%
ARGX	D	-1.98%
WAT	D	-1.97%
BNTX	F	-1.9%
BMRN	A	-1.79%
GMAB	F	-1.76%
NBIX	B	-1.37%
INCY	F	-1.26%
CRL	C	-1.24%
BGNE	D	-1.15%
UTHR	B	-1.07%
TECH	F	-1.06%
MEDP	B	-1.01%
RGEN	C	-0.91%
LEGN	F	-0.82%
BRKR	D	-0.8%
ASND	C	-0.73%
EXEL	A	-0.72%
ROIV	C	-0.55%
HALO	C	-0.51%
CRSP	F	-0.49%
KRYS	B	-0.43%
ALKS	F	-0.42%
FTRE	D	-0.34%
XENE	D	-0.32%
BHVN	D	-0.32%
ACAD	F	-0.3%
OLK	D	-0.25%
IMCR	D	-0.24%
MOR	A	-0.24%
MRUS	D	-0.19%
GLPG	F	-0.17%
DVAX	D	-0.16%
GRFS	F	-0.16%
LGND	B	-0.14%
ZLAB	F	-0.13%
IRWD	D	-0.13%
DNA	F	-0.13%
APGE	F	-0.12%
GPCR	F	-0.12%
FUSN	A	-0.12%
STVN	F	-0.11%
MNKD	C	-0.11%
AUTL	D	-0.09%
ABCL	F	-0.09%
VRNA	F	-0.08%
BCYC	C	-0.07%
ZYME	F	-0.06%
FULC	D	-0.05%
OPK	B	-0.05%
CSTL	C	-0.05%
CNTA	D	-0.05%
TSHA	C	-0.04%
MXCT	F	-0.04%
TNGX	D	-0.04%
CMPS	F	-0.04%
FLGT	F	-0.04%
EXAI	F	-0.04%
CVAC	F	-0.03%
ATAI	B	-0.03%
TRML	F	-0.03%
AVIR	D	-0.03%
SLRN	F	-0.03%
OVID	D	-0.02%
NBTX	F	-0.02%
QURE	F	-0.02%
VNDA	A	-0.02%
IMMP	B	-0.02%
AMLX	F	-0.01%
NAUT	D	-0.01%
ACIU	F	-0.01%
RNAC	D	-0.0%
RPHM	D	-0.0%